The Museum of the Mexican Stock Exchange opens its doors

11/04/2019

The Museum of the Mexican Stock Exchange will have an interactive part since most of those who visit the Stock Exchange today are young people accustomed to technology issues. Photo: Sic Mexico

For at least four years to date, the Mexican Stock Exchange (BMV) not only focuses its concern on stock market movements but also on the need to promote financial education among a broader sector of Mexican society, one of the objectives that guided the creation of the Museum of the Stock Exchange.

The idea arose less than three years ago, for which a script was generated supported by museum specialists and historians in order to have a space, although limited, the history of the 125 years of the Stock Exchange, although within the proposal there is a pair of modules that reflect the beginnings of institutions of this type in the world, in the words of Fernando Campuzano, deputy director of Cultural Promotion of the BMV.

"There are reports of Brussels in the thirteenth century, where it is stated that the first commercial crosses were made in that place, but we considered Amsterdam in the 17th century as the origin of the stock market, because the commercial route between Europe and Asia, and for the transport of merchandise it was necessary to create a shipping company that could make the transfer ".

The interest, of course, is the stock market in Mexico, even considered as the beginning of the celebration for its 125 years of existence, which will end next October, for which the MUBO has historical records, in addition to some tools technologies that have been used over the years.

"We give as the date of birth of the Stock Exchange in Mexico to 1894, although I understand that there were previous attempts, but only that were: within the romantic part of the story, it is told that a woman of Belgian origin, who had a pastry shop in the center, where her husband had partners, brokers; in the back room, she organizes them and in the back room begins to write in an orderly manner all the operations that were done ".

Mechanical or computer equipment that reflects the evolution of the Stock Exchange from its origins to the present day; original furniture of the first building that will occupy the BMV in the street of Uruguay, in the Historic Center, designs and models of that building and the current occupy in Paseo de la Reforma, in addition to documents from different eras, bonds or shares of companies with diverse routes, from mining companies and railway companies, to pulqueras haciendas or companies dedicated to the pottery make up the MUBO's collection.

According to Rodrigo Luna, the architect responsible for the Museum, it was designed for the general public, with minimal knowledge of financial matters, knowing that culture in this area is quite scarce and "one of the missions is to get the public is interested in investing in the Stock Exchange ".

"We know that the concepts in the matter are very abstract and, from the route, we try to explain what is talked about within the BVM, being a personal objective that every museum visitor finds reasons to invest".

The museum will have an interactive part because most of those who visit the Stock Exchange today are students, young people accustomed to technology issues, being fundamental to consult information in a contemporary way.

The doors of the MUBO are already open in the same building of the BVM (Paseo de la Reforma 255), which will only close on Saturdays, with free admission.